Principal Financial Group Portfolio holdings
Principal Financial Group, founded in 1879 as the Bankers Life Association by Edward Temple and headquartered in Des Moines, Iowa, is a global financial services firm specializing in retirement solutions, insurance, and asset management, overseeing more than $709 billion in assets under management as of late 2024. Serving over 62 million customers across individuals, businesses, and institutions, Principal offers 401(k) plans, group insurance (life, disability, dental), annuities, and investment products through its Principal Global Investors arm, with a strong focus on U.S. and international markets like Asia and Latin America. Known for its stability and customer-centric approach, the publicly traded company (NASDAQ: PFG) under CEO Dan Houston has expanded through acquisitions like Wells Fargo’s retirement business in 2019, emphasizing long-term financial security. With a workforce of over 19,000 and a legacy of resilience, Principal remains a trusted name in retirement and wealth management.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Microsoft
MSFT
|
+$364M |
| 2 |
Moody's
MCO
|
+$313M |
| 3 |
VICI Properties
VICI
|
+$247M |
| 4 |
Progressive
PGR
|
+$240M |
| 5 |
Amazon
AMZN
|
+$197M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Salesforce
CRM
|
+$251M |
| 2 |
Etsy
ETSY
|
+$209M |
| 3 |
MGP
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
|
+$202M |
| 4 |
Healthcare Realty
HR
|
+$191M |
| 5 |
PayPal
PYPL
|
+$165M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Real Estate | 17.6% |
| 2 | Technology | 16.41% |
| 3 | Financials | 14.71% |
| 4 | Consumer Discretionary | 10.49% |
| 5 | Industrials | 9.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SLGC
2351
DELISTED
SomaLogic, Inc. Class A Common Stock
SLGC
| $136K | ﹤0.01% |
+29,999
| New | +$178K |
|
2352
Editas Medicine
EDIT
$407M
| $134K | ﹤0.01% |
11,298
-1,223
| -10% | -$16.4K |
|
|
RDFN
2353
DELISTED
Redfin
RDFN
| $134K | ﹤0.01% |
16,296
-2,442
| -13% | -$27.9K |
|
2354
Uranium Energy
UEC
$4.93B
| $134K | ﹤0.01% |
43,362
-4,651
| -10% | -$19.3K |
|
|
VMEO
2355
DELISTED
Vimeo
VMEO
| $134K | ﹤0.01% |
22,211
+8,070
| +57% | +$73.2K |
|
|
DCPH
2356
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $134K | ﹤0.01% |
+10,250
| New | +$113K |
|
2357
ADT
ADT
$5.76B
| $133K | ﹤0.01% |
21,678
+6,350
| +41% | +$44.3K |
|
|
SRNE
2358
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $133K | ﹤0.01% |
66,398
-19,266
| -22% | -$33.3K |
|
2359
Payoneer
PAYO
$2.4B
| $132K | ﹤0.01% |
+33,588
| New | +$150K |
|
|
AVDX
2360
DELISTED
AvidXchange
AVDX
| $130K | ﹤0.01% |
21,184
-616,163
| -97% | -$4.89M |
|
|
MRC
2361
DELISTED
MRC Global
MRC
| $128K | ﹤0.01% |
+12,882
| New | +$143K |
|
2362
Senseonics Holdings Inc
SENS
$272M
| $127K | ﹤0.01% |
6,164
-314
| -5% | -$8.19K |
|
2363
Ocugen
OCGN
$423M
| $126K | ﹤0.01% |
55,632
-693
| -1% | -$1.66K |
|
2364
Entravision Communication
EVC
$1.02B
| $125K | ﹤0.01% |
27,313
-2,743
| -9% | -$14.1K |
|
|
AGNT
2365
AGNT Inc
AGNT
$674M
| $125K | ﹤0.01% |
10,645
-754
| -7% | -$10.9K |
|
2366
Rocket Lab Corp
RKLB
$44B
| $125K | ﹤0.01% |
+33,085
| New | +$195K |
|
2367
Atara Biotherapeutics
ATRA
$77M
| $124K | ﹤0.01% |
+641
| New | +$105K |
|
2368
Gates Industrial Corporation Ltd.
GTES
$7.44B
| $121K | ﹤0.01% |
+11,164
| New | +$140K |
|
2369
Alight
ALIT
$517M
| $120K | ﹤0.01% |
+888
| New | +$146K |
|
2370
Globalstar
GSAT
$10.8B
| $117K | ﹤0.01% |
6,366
-530
| -8% | -$9.83K |
|
|
TRHC
2371
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $115K | ﹤0.01% |
+44,602
| New | +$167K |
|
2372
Janus International
JBI
$739M
| $114K | ﹤0.01% |
+12,673
| New | +$123K |
|
|
UDMY
2373
DELISTED
Udemy
UDMY
| $114K | ﹤0.01% |
+11,196
| New | +$136K |
|
2374
Veru
VERU
$36.3M
| $114K | ﹤0.01% |
+1,008
| New | +$117K |
|
|
EB
2375
DELISTED
Eventbrite
EB
| $113K | ﹤0.01% |
11,035
-2,063,103
| -99% | -$24.6M |
|
Similar funds
Principal Financial Group's Q2 2022 Portfolio in Review
As of Q2 2022, Principal Financial Group held 2,734 positions worth $135B, down 15% from $159B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Principal Financial Group's Q2 2022 filing shows 195 new, 1,135 increased, 1,153 reduced and 225 closed positions. Its largest new stake was ESAB: 862,950 shares worth $37.8M. The largest sale was Salesforce, an estimated $251M.
By sector, the portfolio is most concentrated in Real Estate at 18% of assets, up from 17% a quarter earlier, followed by Technology and Financials.
- Principal Financial Group's largest Q2 2022 buy was ESAB: 862,950 shares worth $37.8M.
- Principal Financial Group added most to Microsoft in Q2 2022, an estimated $364M increase.
- Principal Financial Group's biggest Q2 2022 reduction was Salesforce, cutting an estimated $251M.
- Principal Financial Group fully exited MGM Growth Properties LLC Class A common shares representing limited liability company interests in Q2 2022, selling an estimated $202M.
- Principal Financial Group's ten largest holdings make up 15% of its $135B portfolio in Q2 2022.
- Principal Financial Group opened 195 new positions and closed 225 in Q2 2022.
- Principal Financial Group's portfolio value fell 15% quarter-over-quarter to $135B.
Based on Principal Financial Group's 13F filing for Q2 2022, filed 10 Aug 2022.